Directorate Change

RNS Number : 1879X

Mid Wynd Inter Inv Trust PLC

10 August 2009

 



Mid Wynd International Investment Trust PLC

Appointment of New Director 

Mid Wynd International Investment Trust PLC is pleased to announce the appointment of Russell Allen Richard Napier to the Board with effect from 10 August 2009.

Mr Napier, who is 44, is a consultant global macro strategist with CLSA Asia-Pacific Markets writing on issues impacting global equity markets. He began his investment career as an investment manager at Baillie Gifford managing funds in the Japanese, the US and then the South East Asian markets before moving to Foreign & Colonial Emerging Markets where he was responsible for managing Asian portfolios. 

From 1995 to 1999 he was Asian equity strategist for stockbrokers CLSA in Hong Kong. Since then he has created a new course in investment called A Practical History of Financial Markets which forms part of the MBA programme at the Edinburgh Business School. He is managing director of the Didasko Education Company which owns and operates the course.

In 2000 Russell, in conjunction with CLSA Asia-Pacific Markets, formed a charity to provide scholarships for students taking the MSc in Investment Analysis at The University of Stirling. He is a trustee of the charity.

He is a member of the investment advisory committee of The Endowment Fund managed by Cerno Capital Partners, a wealth management company of which he is also a limited partner, and a member of the investment advisory committee to Cerno's investment management team. He is also a member of the investment committee for the National Trust for Scotland and a director of The Scottish Investment Trust PLC.

Russell's book, Anatomy of A Bear - Lessons From Wall Street's Four Great Bottoms was named as an investment read of the year in 2006 in the Financial Times.

The appointment of Mr Napier falls to be ratified by Shareholders at the Annual General Meeting of the Company to be held on 29 September 2009.

No other information is required to be disclosed under Listing Rule 9.6.13

Baillie Gifford & Co

Company Secretaries

10 August 2009

 

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